Ultratech, Inc. (UTEK) Tops Q3 EPS by 1c, Sales Fall Short

October 20, 2011 8:26 AM EDT
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Ultratech, Inc. (NASDAQ: UTEK) reported Q3 EPS of $0.39, $0.01 better than the analyst estimate of $0.38. Revenue for the quarter came in at $54.9 million versus the consensus estimate of $58.82 million.

At October 1, 2011, Ultratech had $221 million in cash, cash equivalents and short-term investments. Working capital was $268 million and stockholders’ equity was $10.78 per share based on 25,700,131 total shares outstanding as of October 1, 2011.

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